Toray Industries (OTCMKTS:TRYIY - Get Free Report) posted its earnings results on Wednesday. The company reported $0.16 EPS for the quarter, Zacks reports. Toray Industries had a return on equity of 2.50% and a net margin of 1.87%. Toray Industries updated its FY 2024 guidance to 0.360-0.360 EPS.
Toray Industries Stock Down 2.4 %
Shares of Toray Industries stock traded down $0.32 on Friday, hitting $12.94. The stock had a trading volume of 17,271 shares, compared to its average volume of 20,880. Toray Industries has a twelve month low of $8.74 and a twelve month high of $14.76. The business's 50 day moving average is $13.10 and its two-hundred day moving average is $11.74. The stock has a market cap of $10.37 billion, a price-to-earnings ratio of 33.18 and a beta of 0.77.
About Toray Industries
(
Get Free Report)
Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.
Recommended Stories
Before you consider Toray Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toray Industries wasn't on the list.
While Toray Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
